SDCL EDGE Acquisition Corporation
SEDA
New York Stock Exchange11.30
USD
-0.08
- -
CIK
0001846975
ISIN
KYG794711013
CUSIP
G79471101
Return %
Stock
S&P500
1Y
5.21
26.53
3Y
17.10
76.60
5Y
17.10
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jonathan Maxwell
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- One Grand Central Place New York City NY United States of America 10165
- IPO Date
- Dec 28, 2021
- CIK
- 0001846975
- Website
- sdcledge.com
- Similar Companies
- Business
- SDCL EDGE Acquisition Corporation SDCL EDGE Acquisition Corporation (NYSE:SEDA) operates as a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Incorporated in February 2021 as a Cayman Islands exempted company and headquartered at One Grand Central Place, 60 East 42nd Street, Suite 1100, New York, NY 10165, the company has no current operations, revenues, or significant products or services beyond its core SPAC structure, which includes Class A ordinary shares, redeemable warrants, and units traded on the New York Stock Exchange under symbols SEDA, SEDA WS, and formerly SEDA.U following its $175 million initial public offering in November 2021 priced at $10.00 per unit. It targeted opportunities in energy efficiency, decentralized energy solutions, and clean energy for low carbon transport infrastructure, particularly in the built environment and transport sectors, without geographic limitations but with a focus on lower carbon economy transitions. In recent developments, the company terminated its February 2024 business combination agreement with Specialty Copper Listco Plc in July 2024 due to revised financing needs and market conditions; extended its initial business combination deadline multiple times up to November 2, 2024; and, upon failing to complete a transaction, announced on November 1, 2024, the redemption of its Class A ordinary shares at approximately $11.31 per share net of taxes and expenses, cessation of trading on that date, expiration of warrants as worthless, delisting via Form 25, and full dissolution and liquidation by November 18, 2024, in accordance with its amended charter.
SDCL EDGE Acquisition Corp. Announces Redemption of Class A Ordinary Shares
Howard Yaruss joins SEDA Expert's Mortgage Insurance and Financial Guaranty Expert Witness Practice